Rebel members of the nation's biggest accounting association have welcomed the sacking of controversial chief executive Alex Malley but slammed the board's decision to give him a $4.9 million golden parachute.
CPA's board released a statement late on Friday evening announcing that Mr Malley had been sacked, effective immediately, and would be receiving the multi-million dollar termination benefit.
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Joe Aston helmed The Australian Financial Review's Rear Window column from 2012 to 2023. Connect with Joe on Facebook and Twitter.
Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
